AuctionsApr 20, 2021
Christie’s to Offer 100-Carat Diamond at Auction This SpringAuctionsApr 26, 2021
Hemmerle Jewels Fetch $1.4M at Sotheby’s Auction
It marked the largest single-owner collection of jewels from the storied German jeweler.
Sotheby’s New York brought 19 Hemmerle jewels to the auction block last week, courtesy of the late philanthropist Michelle Smith.
New York—The largest single-owner collection of Hemmerle jewels hit the auction block at Sotheby’s New York Thursday afternoon.
“A Vision: Property from the Collection of Michelle Smith,” garnered $1.4 million for the Hemmerle collection, far exceeding its pre-sale estimate of $823,000, with 90 percent of lots selling above their high estimates.
The 19-piece collection belonged to the late philanthropist and art patron Michelle Smith.
She was the daughter of the renowned businessman, real estate developer, and philanthropist Robert Smith and artist Clarice Smith.
Related stories will be right here …
“A Vision: Property from the Collection of Michelle Smith,” garnered $1.4 million for the Hemmerle collection, far exceeding its pre-sale estimate of $823,000, with 90 percent of lots selling above their high estimates.
The 19-piece collection belonged to the late philanthropist and art patron Michelle Smith.
She was the daughter of the renowned businessman, real estate developer, and philanthropist Robert Smith and artist Clarice Smith.
A businesswoman in her own right, Smith served as the vice president of product design and development for Charles E. Smith Residential Realty and its successor, Archstone-Smith.
“Michelle Smith’s vision is epitomized in her jewelry collection, telling the story of a woman who, when she decided she liked a certain style or maker, explored and collected in depth,” said Sotheby’s.
A pair of Hemmerle copper and diamond ear studs sold above estimate for $201,600.
The standout was a pair of copper and diamond ear studs, featuring two old European-cut diamonds weighing 8.81 and 8.80 carats. The pair sold for $201,600, surpassing its $100,000 to $150,000 estimate.
This bronze and colored diamond ring was among the top lots, selling for $176,400.
A bronze and colored diamond ring, set with an 8.05-carat, cushion-cut, light yellowish brown diamond sold for $176,400, more than double its pre-sale estimate
Hemmerle has been known to craft jewelry from out-of-the-ordinary materials, including iron and antique artifacts.
This aluminum and diamond ring showcases Hemmerle’s use of unusual metals. It sold for $151,200.
One such piece, an aluminum and fancy deep brownish greenish yellow diamond ring, sold for $151,200, soaring past the $35,000 to $45,000 estimate.
This necklace, featuring fossilized sea urchin, sold for $32,760.
A bronze and fossilized sea urchin necklace sold for $32,760, more than double the low-end of its $15,000 to $25,000 estimate.
This cuff bracelet, set with peridot and tourmaline, sold for $60,4800.
A brass, wood, peridot, and tourmaline cuff bracelet sold for $60,480, just above the high-end of its $40,000 to $60,000 estimate.
It’s the largest private collection of jewels from the German jeweler seen at auction since a 2019 Sotheby’s auction.
Hemmerle was founded in 1893 in Munich by brothers Joseph and Anton Hemmerle.
Alongside Hemmerle, “A Vision: Property from the Collection of Michelle Smith” also featured lots from Van Cleef & Arpels, Cartier, Bulgari, Suzanne Belperron, René Boivin, and Graff.
More on Auctions
The Latest
MajorsApr 22, 2025
Zales’ Rebrand Takes Playful Approach to Fine JewelryThe Signet Jewelers-owned retailer wants to encourage younger shoppers to wear fine jewelry every day, not just on special occasions.
ColumnistsApr 22, 2025
The PR Adviser: Building Buzz Through Word of MouthLilian Raji answers a question from a reader who is looking to grow her jewelry business but has a limited marketing budget.
GradingApr 22, 2025
Avi Levy Is GCAL By Sarine’s New Chief Growth OfficerGCAL by Sarine created the new role to sharpen the company’s focus on strategic partnerships and scalable expansion.
Brought to you by
Protect Your Customers and Your BusinessThe risk of laboratory-grown diamonds being falsely presented as natural diamonds presents a very significant danger to consumer trust.
IndependentsApr 22, 2025
Brinker’s Jewelers Acquires Fellow IndependentThe Indiana jeweler has acquired Scottsdale Fine Jewelers in Scottsdale, Arizona.
Weekly QuizApr 18, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
Events & AwardsApr 21, 2025
An Exhibition Exploring the History of Cartier Is Now on Display“Cartier: Design, Craft, and Legacy” opened earlier this month at the Victoria and Albert Museum in London.
IndependentsApr 21, 2025
New York Jeweler to Close After 111 YearsVan Cott Jewelers in Vestal, New York, is hosting a going-out-of-business sale.
IndependentsApr 21, 2025
IJO Names New Director of Vendor Relations, Merchandise StrategyIndustry veteran Samantha Larson has held leadership roles at Borsheims, McTeigue & McClelland, Stuller, and Long’s Jewelers.
Events & AwardsApr 21, 2025
Jewelers of Louisiana, Mississippi Jewelers Association to Co-Host ConventionThe two organizations will hold the educational event together this fall in Mississippi.
Events & AwardsApr 18, 2025
Daymond John to Give Keynote at JCK Las VegasThe entrepreneur and “Shark Tank” star will share his top tips for success.
CollectionsApr 18, 2025
Piece of the Week: Dukachi’s ‘Easter Bread’ PendantThe Ukrainian brand’s new pendant is modeled after a traditional paska, a pastry often baked for Easter in Eastern European cultures.
IndependentsApr 18, 2025
Bremer Jewelry to Reveal Renovated StoreThe jeweler has announced a grand reopening for its recently remodeled location in Peoria, Illinois.
MajorsApr 18, 2025
Tiffany & Co. Employees Star in Mother’s Day CampaignThe “Strong Like Mom” campaign features moms who work at Tiffany & Co. and their children.
CollectionsApr 17, 2025
John Hardy, Athena Calderone Partner on Art Deco Decor-Inspired CollectionInterior designer Athena Calderone looked to decor from the 1920s and 1930s when crafting her first fine jewelry collection.
FinancialsApr 17, 2025
Movado Group to Increase Prices to Offset Tariffs ImpactDuring a call about its full-year results, CEO Efraim Grinberg discussed how the company is approaching the uncertainty surrounding tariffs.
Lab-GrownApr 17, 2025
NDC Launches Its Diamond Learning CenterThe free program provides educational content for jewelry salespeople and enthusiasts to learn or refresh their diamond knowledge.
Policies & IssuesApr 17, 2025
Jewelers of America Requests Tariffs Testimonials from MembersThe feedback will be used to prepare other jewelers for the challenges ahead, the organization said.
TechnologyApr 17, 2025
Technology Therapy Group Expands AI Training for Jewelry RetailersThe online sessions are designed to teach jewelers to use AI tools like ChatGPT and Claude to grow their business.
IndependentsApr 16, 2025
Catbird Expands to ChicagoThe opening marks the jewelry retailer’s first location in the Midwest.
CollectionsApr 16, 2025
Foundrae’s First Commitment Jewelry Collection Unites Through LoveThe “United in Love” collection offers tangible mementos of hearts entwined with traditional and non-traditional commitment heirlooms.
IndependentsApr 16, 2025
Indiana Jeweler to Host Black Jewelry Designer Pop-UpRobert Goodman Jewelers will hold a “Black Jewelry Designers and Makers” event on April 27.
MajorsApr 16, 2025
WJA Announces Board Members, New Chicago Chapter PresidentThe announcements follow a tumultuous start to 2025 for WJA, which saw a wave of resignations following controversial statements about DEI.
EditorsApr 15, 2025
Tariffs: What We Know Right Now Editor-in-Chief Michelle Graff answers questions about how the new taxes levied on countries like India and China will impact the industry.
EditorsApr 15, 2025
Q&A: Bogolo Joy Kenewendo on Making Deals, Marketing DiamondsKenewendo, Botswana’s minster of minerals and energy, discusses closing the deal with De Beers and the work that was missed along the way.
FinancialsApr 15, 2025
LVMH’s Q1 Sales Slip 2 PercentLVMH CFO Cécile Cabanis also discussed the effects of tariffs so far.
CrimeApr 15, 2025
Jon Hamm Plays a Jewel Thief on Apple TV+The “Mad Men” and “The Morning Show” star steals jewelry, art, and handbags from his wealthy neighbors in “Your Friends & Neighbors.”
